List Of Top 10 Small Loans Providers in Kenya

If you are in a fix and thinking of borrowing some small loan then you are at the right article. Having highlighted Best Mobile Loan Apps in Kenya on this website before, today we are going to look at top 10 microlenders in Kenya.Microlending is the practice of granting small loans to people in need. These loans are generally used by people who are starting a business, or those who need extra cash to expand.

Most of these lenders go beyond and provide some benefits that traditional lenders don’t: Profit is not their objective.There is also no need to step into their offices and get bothered by a lot of paperwork. If you’re looking to borrow a small amount of money to expand your business these are the top 10 microlenders in Kenya that you should try.


Branch makes it easy for you to access a small loan anytime, anywhere in Kenya within a few seconds.

How to get started.

* Create your account using Facebook login
*Apply for a loan in seconds
* Receive your loan straight into your MPesa (Kenya, Tanzania), Tigo (Tanzania) or bank (Nigeria) account
* Build your loan limit by making repayments on time – They offer up to KSh 50,000

No paperwork, collateral or office visits needed.

2. Zidisha

This is an international microlender that’s also available in Kenya. You do not need to have collateral assets, a bank account, guarantors or a salaried job to get a loan from Zidisha. All you need to have is a smartphone or regular access to the Internet and have a source of income that will allow you to make repayments each week.

Before taking out a large loan with Zidisha, you must first build creditworthiness by repaying small test loans over a period of time. After that, the amounts you can borrow will increase with each loan that you repay on time, up to a maximum of 1,014,790 KES per loan.


With Saida, you will have to create an account with them and answer a couple of questions. They will check how you have been using your phone to make calls, SMS, data and how you use mobile money services such as M-Pesa. Saida will then notify you the amount of loan you can apply for.

After that, they will send the loan to your M-Pesa account immediately and explain the repayment terms.

4.Tala Kenya 

This is the former Mkopo Rahisi. All you need to do is download their app then apply for a loan which they will process within 5 minutes.  Upon success, they will instantly send the cash to your M-Pesa. Paying their loans on time will guarantee you to get up to Ksh 50,000.

5.KCB Mpesa

With KCB Mpesa, you can access loans at attractively low-interest rates of 1.16% per month with a one-off negotiation fee of 2.5%.

How does it KCB Mpesa work?

  • Access the M-PESA menu.
  • Select Loans and Savings.
  • Select KCB M-PESA.
  • Select Loan.
  • Request Loan.
  • Enter amount.
  • Enter your M-PESA PIN
  • The loan amount will be sent to your KCB M-PESA Account less the interest, negotiation fee and excise duty which is deducted upfront.
  • To access, the loan, go to KCB M-PESA menu and select Withdraw to M-PESA.


M-Shwari is a paperless banking service offered by Safaricom through M-PESA. You can access a loan of a minimum of KSHs.100 any time and receive your loan instantly on your M-PESA account. You must have good records of Mshwari saving, repayment and usage of other Safaricom services to get a good loan.

The maximum you can borrow from Mshwari is Ksh 20,000 with a repayment period of 30 days. Their loan interest rate is 7.5%.

7. L-Pesa

To begin with, you must be an active user of mobile banking services. This is the only criteria needed for you to qualify for a loan from L-Pesa. After that, you will provide your phone number and guys from L-Pesa will call you to process the loan eligibility.

Once you finish paying off your first loan, you get an opportunity to take out a bigger loan.


This is a subdivision of Getbucks international. Haraka loans can be accessed by downloading and installing their app from Google Play. Their loans range from Ksh 500 to Ksh 5,000 and Loan repayment period is 30days. Just like other loans apps in Kenya, after qualifying for a loan they will send directly to your Mpesa.

Referrals and early repayment increase the amount of loan you can borrow from Haraka.

Victor Matara

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